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UK Households Face £7bn Energy Arrears as Debt Relief Stalls
UK household energy arrears are projected to hit £7 billion by year-end as a £500 million government relief scheme remains stuck in regulatory limbo, with British Gas alone seeing over £1 billion in unpaid bills.
Rocket Lab Shares Surge to All-Time High as Neutron Rocket Nears Critical Milestones
Rocket Lab shares closed at a record high after Q1 revenue jumped 63.5% to $200.3M, fueled by Neutron rocket orders and defense contracts. The stock has rallied over 40% in two sessions.
Senate Banking Committee Faces Ethics Clash Over CLARITY Act Vote
The Senate Banking Committee votes Thursday on the CLARITY Act, facing ethics disputes over Trump's crypto ties and opposition from labor unions and banks.
Copper Surges Past $14,000 on Supply Tightness and AI Demand
Copper prices on the LME surged past $14,000 a ton, approaching January's record, driven by supply concerns and AI/data center demand.
Broadwind Soars 117% as Strategic Shift to Power Generation Reshapes Valuation
Broadwind shares surged 117% after Q1 results beat estimates and the company signaled a strategic pivot to gas-turbine and power-infrastructure work, away from wind towers.
EchoStar Surges on FCC Spectrum Sale Approval, SpaceX Proxy Status Grows
EchoStar shares jumped after FCC approval of $40B spectrum sales to AT&T and SpaceX, with a $2.4B escrow condition. Q1 revenue dipped to $3.67B as subscriber losses continued.
Eos Energy Surges on Cerberus Deal, Q1 Revenue Beat
Eos Energy shares surged over 30% premarket after Q1 revenue jumped 445% to $57 million and the company unveiled a Cerberus-backed venture with a 2 GWh capacity reservation.
Red Cat's $225 Million Stock Sale Triggers 12% Drop, Dilution Worries Outweigh Drone Demand
Red Cat's $225M stock offering at a discount to market price sent shares down 12% as dilution concerns overshadowed strong Q1 revenue growth and a bullish defense drone outlook.
Tesla Retreats as China FSD Hopes, Robotaxi Woes, and Inflation Weigh
Tesla shares dropped 2.6% on Tuesday, ending a four-day rally, as China regulatory risks, robotaxi rollout delays, and persistent U.S. inflation weighed on investor sentiment.
Crude Edges Down as Market Weighs Hormuz Risks Against Demand Concerns
Brent crude fell 0.2% to $107.58 and WTI dropped 0.4% to $101.79 after a three-day rally, as traders weighed Middle East ceasefire talks and the Trump-Xi meeting.
Micron Rebounds on AI Demand, China Trade Hopes, and BofA Upgrade
Micron Technology shares rose 5.93% premarket to $812.06 after BofA raised its price target to $950, citing AI-driven memory demand and the CEO joining Trump's China trade delegation.